A limited constitutional government calls for a rules-based, freemarket monetary system, not the topsy-turvy fiat dollar that now exists under central banking. This issue of the Cato Journal examines the case for alternatives to central banking and the reforms needed to move toward free-market money.

The more widespread use of body cameras will make it easier for the American public to better understand how police officers do their jobs and under what circumstances they feel that it is necessary to resort to deadly force.

Americans are finally enjoying an improving economy after years of recession and slow growth. The unemployment rate is dropping, the economy is expanding, and public confidence is rising. Surely our economic crisis is behind us. Or is it? In Going for Broke: Deficits, Debt, and the Entitlement Crisis, Cato scholar Michael D. Tanner examines the growing national debt and its dire implications for our future and explains why a looming financial meltdown may be far worse than anyone expects.

The Cato Institute has released its 2014 Annual Report, which documents a dynamic year of growth and productivity. “Libertarianism is not just a framework for utopia,” Cato’s David Boaz writes in his book, The Libertarian Mind. “It is the indispensable framework for the future.” And as the new report demonstrates, the Cato Institute, thanks largely to the generosity of our Sponsors, is leading the charge to apply this framework across the policy spectrum.

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Hillary Didn’t Invent Community

In an article on a pleasant suburban community near Washington, Roxanne Sweeney says, “It’s like ‘Leave It to Beaver,’” praising the neighborhood’s friendliness and strong community ties. Later, reporter Rebecca Kahlenberg writes,

Recently, a group of River Falls mothers used the e-mail group to coordinate food preparation for Roxanne Sweeney when she wasn’t feeling well following treatment for colon cancer.

“I can’t even count how many meals were brought to me,” Sweeney said. “I hate this line because I’m not a Democrat, but this is really an it-takes-a-village sort of place.”

No, Ms. Sweeney! Friendship and community were not invented by Hillary Clinton. As the reference to “Leave It to Beaver” suggests, such ties go back long before Senator Clinton put her name on the book “It Takes a Village.” And long before “Leave It to Beaver.” Family, parish, and village are natural connections that predate not just Clinton but government and even formal social organization. They are the first building blocks of civil society. Clinton’s contribution to the topic is to confuse the natural ties of love and neighborliness with the artificial and imposed order of a vast and distant federal government.

As I wrote in a recent article and in Libertarianism: A Primer, Hillary calls for a national consensus and a common vision of what the government should do for families. But there can be no such common consensus in a pluralistic society. People don’t agree about all the values involved in rearing children, helping others, worshiping God, and forming associations. That’s why a successful society leaves such choices to individuals. Even in the little community of River Falls, it isn’t a formal community organization that came to Roxanne Sweeney’s aid. It was her friends.

At so many points in our lives, it takes friends, it takes a village, but it doesn’t take the federal government.